Wednesday, January 27, 2010

The airport will save us them

Just an odd hodgepodge of stuff:

Let's start with airports.  I just don't have it in me to comment on this....  but what is there to be said on a scheme up in Cleveland to leverage their airport for economic development. I guess Cleveburgh will have to wait for another day. From the Plain Dealer:

Cleveland Hopkins International Airport could become a magnet for development

and just curious if anyone has taken the Pittsburgh to Paris flight of late?.. I'd be curious on prices for tickets and capacity utilization. 


and just so people don't accuse me of ignoring 'good' weeks at the casino... check out my casino watch. Of course even on anomalously good weeks, the revenue rate if sustained is still a fraction of what was predicted and I think still less than half the rate necessary to directly generate $10 million a year in taxes for the city. It really is about time for a news story to ask the question what they do down there financing wise when their interest rate reserves run out which by their own admission is going to happen pretty soon now.


Folks who get PG+ saw that they had an update the other day on the ongoing saga otherwise known as 'Who owns'.... they don't know, and neither do I but there was some form of ownership change and a change in format at the very least. Ownership is completely obscured by some form of domain anonymizer.  But readers here learned that 7 months ago.  Anyone want to own up to buying the domain and disclose what they had to pay?    Speaking of domain names, more than a few potential political candidates being talked about with some obvious domain names un-bought as of right now.  Hint. Hint.


and I didn't catch this, but Jim R. points out how Zillow has a curious factoid in a report showing that of all foreclosures they looked at, foreclosures here typically sold at the biggest discount compared to non-foreclosed homes.. and he is asking why.  Any answer I could suggest would be long, but it may not be uncorrelated with the news item I pointed out the other day from the Wall Street Journal.  They were highlighting the success of foreclosure abatement programs in Pennsylvania.  That and since actual foreclosure counts have been declining for 3 years now I think, the foreclosures we do have must be highly selected compared to foreclosures elsewhere.    That and I don't quite trust Zillow's ability to model comparable homes for that type of comparison.  Our experiences with assessments shows that what computer models think are perfectly good comparables may not be comparable in reality.  It just gets to the odd ways we live and cluster all around.


and few will care about this I know, but I am obliged to point out a post over on IHeartPgh about some letterpress printing demos coming up. What is Letterpress printing?  Lead+Ink+Paper.  Not really all that much different from Gutenberg's 15th century innovation.   My father was a letterpress printer back in a day when there was no other type of printing and my only legitimate manual trade skill may in fact be in setting type.  Long ago that is. It is a complete coincidence that there is a Briem Font created by Icelander Gunnlauger Briem.


Anonymous Anonymous said...

I haven't flown the PIT to CDG flight yet, but here is a link to story about that drunken passenger that diverted the flight recently. On that flight, there were 158 passengers and seven crew. That isn't bad for a 757. lists four different 757 configurations for Delta. A high of 186 seats to a low of 174 seats. I'm not sure which one they fly to CDG, but whatever configuration, it appears that particular flight was fairly full.

Wednesday, January 27, 2010 11:43:00 AM  
Anonymous johnnyg said...

I don't know whether you've ever been to foreclosure sales in Allegheny County. Let's just say that many of the properties being foreclosed upon are not the most desireable properties. Bidding rarely erupts over those lots. I'm guessing that the innovative PA program, (relatively) high employment rate, and (relatively) low home prices, and a surfeit of cheap, depressed homes (SEE entire blocks of South Avenue in Wilkinsburg-a common commuter route for those of us in eastern Allegheny County avoiding the Squirrel Hill Tunnel) limit the bidding. I just don't think that many desireable homes actually get foreclosed upon.

Wednesday, January 27, 2010 2:35:00 PM  
Anonymous johnnyg said...

Which, I forgot to add, would tend to support Judge Wettick's thesis that the county assessment system considerably over-values depressed neighborhoods.

Wednesday, January 27, 2010 2:37:00 PM  

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